Fears the crisis in Ukraine could intensify led traders to the safe havens of the Japanese yen and Swiss franc.» Read More
LONDON, March 14- Britain will sell slightly fewer government bonds in its coming fiscal year as stronger economic growth and better public finances reduce its borrowing needs, a Reuters survey showed on Friday.
March 14- Shares of healthcare information provider Castlight Health Inc rose more than 160 percent in their debut, making the listing the strongest by a technology company so far this year. Castlight's shares opened at $37.50 and touched a high of $41.95 on the New York Stock Exchange, valuing the company at about $3.63 billion.
Bank of America Corp. fell$. 06 or. 3 percent, to $17.10. Citigroup Inc. rose$. 17 or. 4 percent, to $47.50. Goldman Sachs fell$. 16 or. 1 percent, to $166.54.
Shares of Castlight Health, a healthcare information provider, more than doubled in their market debut on Friday.
March 14- Carlyle Group, along with other investors, has agreed to acquire a majority stake in metals trader Traxys Group, in the latest move by the U.S. private equity firm to boost its presence in commodities as big banks scale back.
March 14- Traxys Group said that private equity firm Carlyle Group and affiliates of Louis M. Bacon and Traxys management had agreed to buy a majority stake in the Luxembourg commodity firm for an undisclosed sum.
March 13- Castlight Health Inc's initial public offering was priced at $16 per Class B share, slightly above the company's expected range, an underwriter told Reuters. Castlight Health raised about $178 million after it sold all 11.1 million shares offered.
Bank of America Corp. fell$. 12 or. 7 percent, to $17.16. Citigroup Inc. fell$. 65 or 1.4 percent, to $47.33. Goldman Sachs fell $3.02 or 1.8 percent, to $166.70.
*Credit Suisse also says sees slowdown in parts of fixed income. PARIS, March 13- Deutsche Bank said on Thursday it has had a "slow" start to the year in its investment bank, due to market uncertainty related to the crisis in Ukraine and concerns about economic growth in China and Germany.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. *Unit seeks $20 bln to $25 bln valuation- Bloomberg. GE will look to raise as much as $3.5 billion from the IPO and seek a valuation of $20 billion to $25 billion for the unit, Bloomberg reported, citing people with knowledge of the matter.
*Ukraine, China slowdown and copper rout sap risk appetite. NEW YORK, March 13- World stock indexes edged lower on Thursday on lingering concerns over China's economy and tensions in Ukraine, while the euro hit a new 2-1/ 2- year high against the dollar.
NEW YORK, March 13- The euro rose to 2-1/ 2- year highs against the dollar on Thursday in the wake of the European Central Bank's avoidance of further stimulus, signalling some confidence the region has put recession and its debt crisis behind. Among other major currencies, the New Zealand and Australian dollars surged.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. March 13- General Electric Co's credit card unit filed for an initial public offering, the first step in the conglomerate's planned exit from the retail finance business.
*Ukraine, China slowdown and copper rout sap risk appetite. LONDON, March 13- The euro hit a new 2-1/ 2 year high against the dollar on Thursday as concerns over China's economy and international tensions over Ukraine took the fizz out of an attempted rebound in riskier assets.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. Synchrony Financial filed a $100 million placeholder with the U.S. Securities and Exchange Commission on Thursday and GE said it expects to complete the IPO later this year. Goldman Sachs& Co, JP Morgan, Citigroup and Morgan Stanley are lead underwriters for the IPO, according to the filing.
March 13- General Electric Co's North American retail finance business filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock. The business will operate under a new name, Synchrony Financial, GE said in a statement.
*Concerns over Ukraine, China slowdown and copper rout sap risk appetite. LONDON, March 13- The euro hit a new 2-1/ 2 year high against the dollar on Thursday as concerns over Chinese growth and political tensions in Ukraine took the fizz out of an attempted rebound in riskier assets.
COPENHAGEN, March 13- Shares in Danish outsourcing company ISS jumped by more than 15 percent from the offer price after they returned to the Copenhagen stock market on Thursday.
LONDON, March 13- The prospect of further inflows of capital and a lack of any easing in European monetary policy helped the euro back to 2-1/ 2 year highs and the verge of a break above $1.40 on Thursday.
NEW YORK, March 12- Over the next decade, Wall Street banks will cut in half the proportion of support staff they have in pricey cities like New York and London and shift those workers to less expensive cities in the developing world, according to a projection by consulting firm Johnson Associates Inc..